Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The Company’s assets and liabilities that were measured at fair value on a recurring basis were as follows:

	Fair Value Measured as of December 31, 2021
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets
Money market funds (i)	$	207,471	$	—	$	—	$	207,471
U.S. Treasury securities (ii)	8,141		—		—		8,141
Corporate bonds (ii)	—		7,342		—		7,342
Total financial assets	$	215,612	$	7,342	$	—	$	222,954
Liabilities
Common stock warrant liabilities (Public) (iii)	$	14,318	$	—	$	—	$	14,318
Common stock warrant liabilities (Private Placement) (iii)	—		—		7,387		7,387
Contingent earnout liabilities	—		—		111,487		111,487
Total financial liabilities	$	14,318	$	—	$	118,874	$	133,192
	Fair Value Measured as of December 31, 2020
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets
Money market funds (i)	$	15,517	$	—	$	—	$	15,517
Total financial assets	$	15,517	$	—	$	—	$	15,517
Liabilities
Redeemable convertible preferred stock warrant liability	$	—	$	—	$	181	$	181
Total financial liabilities	$	—	$	—	$	181	$	181

(i)     Included in cash and cash equivalents on the consolidated balance sheets.

(ii)     Included in short-term investments on the consolidated balance sheets.

(iii)    Included in warrant liabilities on the consolidated balance sheets.

Summary of Changes in Fair Value of Level 3 Financial Instruments

The following table presents a summary of the changes in the fair value of the Company’s Level 3 financial instruments:

	Redeemable convertible preferred stock warrant liabilities		Private placement warrant liabilities		Contingent earnout liabilities
	(In thousands)
Fair value as of January 1, 2021	$	181	$	—	$	—
Private placement warrant liabilities acquired as part of the reverse recapitalization	—		7,164		—
Contingent earnout liabilities recognized upon the closing of the reverse recapitalization	—		—		120,763
Change in fair value	718		223		(9,276)
Exercise of warrants	(899)		—		—
Fair value as of December 31, 2021	$	—	$	7,387	$	111,487
	Redeemable convertible preferred stock warrant liabilities		Private placement warrant liabilities		Contingent earnout liabilities
	(In thousands)
Fair value as of January 1, 2020	$	185	$	—	$	—
Change in fair value	(4)		—		—
Fair value as of December 31, 2020	$	181	$	—	$	—